Moody's ratings agency on Friday downgraded Nokia's debt grade to junk status, citing greater than anticipated pressure on the struggling cellphone maker's earnings after it announced plans for major cuts and global layoffs. It kept the outlook negative, meaning it could downgrade it again.

Amazon may be working on a smartphone with hologram-like 3DAmazon is reportedly developing a smartphone that sports a 3D screen that relies on retina-tracking technology to make images seem to float above the screen like a hologram. With the smartphone, users would be able to navigate through content by using their eyes alone, according to two unnamed people who discussed the phone with the Wall Street Journal. More

Top Editors Abruptly Leave Village VoiceWill Bourne, who became editor in chief of The Village Voice in November, and Jessica Lustig, the deputy editor since January, are leaving the weekly publication. They met with the staff at 11 a.m. on Thursday and said that Christine Brennan, executive editor of Voice Media Group, had instructed them to lay off or drastically reduce the roles of five employees on the 20-person staff. More

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It's been quite a month for dominant online video streamer Netflix (NASDAQ: NFLX). The company's market cap overtook telecom/media giant Comcast (NASDAQ: CMCSA) only days ago, and today has just become more valuable than Disney (NYSE: DIS) as shares hit an all-time high. It's a remarkable milestone, symbolizing the ongoing secular shifts in the media and entertainment industry.

Facebook is expanding its advertising disclosure requirements to cover all U. S. ads on polarized issues such as gun control and abortion rights, even if they don't endorse a particular candidate.
Ads coming from specific candidates have already included a disclosure label since October.

It can be difficult trying to decide which MacBook is the right laptop for you. The MacBook, MacBook Air, and MacBook Pro all have their own pros and cons, and some models may be a little too outdated. Here's how to know which one is right for you. Following is a transcript of the video.
Steve Kovach: It's never been a worst time to buy a new MacBook.

mdash; The Los Angeles County jails are run by the sheriff, but the Mexican Mafia wields the power in the underworld behind bars.
The organization made up of leaders from various Latino gangs operated like an illegal government, collecting "taxes" on smuggled drugs, ordering hits on people who didn't follow their rules and even calling the shots on street crimes, federal prosecutors said Wednesday.